DNOW

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines: revenue of $1,307M exceeded the $1,267M forecast, while adjusted EPS reached $0.12 vs. $0.085 expected. The U.S. segment showed robust growth, with midstream revenues exceeding $1B on an annualized basis for the first time. Operational efficiency drove cash flow from operations to a record Q2 level of $133M, significantly outperforming the $53M mean estimate.